Tag #Economy

t24.com.tr
🌐 75% Global Worthiness
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Syria Slaps Steep Tariffs on Imports, Angering Turkey

Syria's new government implemented a 300 percent tariff increase on all imports, with Turkish cement facing a 385.7 percent hike, causing strong reactions from Turkish businesses and prompting a meeting between Turkish and Syrian officials next week.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Goldman Sachs Awards $160 Million in Retention Bonuses to Top Executives

Goldman Sachs awarded CEO David Solomon and President John Waldron $80 million retention bonuses each, payable by 2030, following a year of strong financial performance and reflecting intense competition for talent from alternative asset managers.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greek IRIS Payments Transactions Surge 137% in 2024

IRIS Payments transactions in Greece soared 137% in 2024, reaching 57.3 million transactions valued at €6.1 billion, driven by strong growth across P2P, P2B, and eCommerce services and indicating a significant shift towards digital payments.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Diverse Paths to Entrepreneurial Success: Four Case Studies

The article profiles four successful entrepreneurs—Jack Savage (Everyday Dose), Kyle Doerksen (Onewheel), George Pfeffer (DPR Construction), and Wayne Slavin (Sure)—highlighting their diverse paths to success, emphasizing that there's no single formula for entrepreneurship.

Progress

28% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Grimsby Drug Trafficker Jailed for Six Years

Adam Cooledge, 39, of Grimsby, England, received a six-year prison sentence for his central role in a drug trafficking operation involving over £100,000 worth of cannabis and other narcotics; the conviction resulted from a complex police investigation using data from seized mobile phones.

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
elpais.com
🌐 75% Global Worthiness
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Telefónica Chairman to Receive €23 Million Severance

Telefónica's chairman, José María Álvarez-Pallete, will receive a €23 million severance package upon his departure, as per his contract, which includes four years of salary and bonuses, but prohibits him from working for a similar company for two years.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Tanker Failures Highlight Panama's 'Flag of Convenience' Issue

Two tankers, Eventin and Jazz, carrying Russian oil, experienced mechanical failures in the Baltic Sea; both are registered in Panama, a 'flag of convenience' state known for its lax regulations, highlighting safety concerns and regulatory challenges.

Progress

44% Bias Score

Responsible Consumption and Production
smh.com.au
🌐 75% Global Worthiness
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NDIS Booms, Creating 500,000 Jobs but Raising Sustainability Concerns

Australia's $49 billion National Disability Insurance Scheme (NDIS) is projected to employ 500,000 workers by 2025-26, significantly boosting job growth and mitigating unemployment amid rising interest rates, according to outgoing Minister Bill Shorten. The scheme's economic impact is considerable, ...

Progress

60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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NDIS Workforce to Surpass Mining and Agriculture by 2025-26

The National Disability Insurance Scheme (NDIS) is projected to employ more people than the mining or agriculture industries by 2025-26, creating a large new sector of the Australian economy, but this comes with challenges of managing its exponential growth and cost.

Progress

52% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 75% Global Worthiness
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Biden Administration Enacts Sweeping Consumer Protections

The Biden administration enacted numerous consumer protections, including capping insulin costs at $35, overdraft fees at $5, banning hidden fees, and improving airline transparency, impacting millions of Americans.

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Commerzbank Considers Thousands of Job Cuts in Upcoming Strategy Update

Commerzbank plans to announce a new cost-cutting strategy on February 13th, potentially including several thousand job cuts, to improve its cost-income ratio and increase profitability amid declining interest rates; the bank's current workforce is reportedly not involved in the planning.

Progress

52% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 75% Global Worthiness
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Treasury Department Recoups $31 Million in Improper Payments to Deceased Individuals

The Treasury Department recouped over $31 million in five months from improper payments to deceased individuals after gaining access to the Social Security Administration's death database, addressing a long-standing problem of billions of dollars lost due to inter-agency communication failures.

Progress

40% Bias Score

Reduced Inequality